Rental vacancy rate

{
  "id": "MLC-T-ECS-001623",
  "term": "Rental vacancy rate",
  "field": "Economic statistics",
  "definition": "The proportion of the rental inventory which is vacant for rent. It is computed by dividing the number of vacant units for rent by the sum of the number of renter-occupied units, the number of vacant units for rent, the number of rented not yet occupied units, and then multiplying by 100.",
  "see_also": [
    "Homeowner vacancy rate",
    "Renter-occupied housing unit"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/rental-vacancy-rate/"
}